Symetra Life Insurance Co. Loans $8M For Office Building At 15101 Red Hill Ave, Tustin

The office property located at 15101 Red Hill Ave in Tustin has been involved in a closed transaction. The asset, spanning a total of 51,065 square feet, was part of a deal between the landlord, Fortland Inc., and the lender, Symetra Life Insurance Co. The loan amount for this transaction was $8,000,000, and the loan terms were a 10-year fixed-rate loan.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $8,000,000
• Address: 15101 Red Hill Ave, Tustin
• Market: Tustin
• Landlord: Fortland Inc.
• Lender: Symetra Life Insurance Co.
• Brokers: Grant Robertson & Kevin Dinneen – Walker & Dunlop
• Square Footage: 51,065

Grant Robertson and Kevin Dinneen, representing Walker & Dunlop, played a crucial role as the brokers in facilitating this deal.